China home price survey shows wider fall amid Country Garden woes

Prices dropped in 49 cities in July, 11 more than June, as market sentiment dims

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A worker walks on scaffolding at a construction site in Huai'an, China, in 2018: Residential housing prices are now falling across a broad swath of the country. © Reuters

IORI KAWATE and KENJI KAWASE, Nikkei staff writers

BEIJING/HONG KONG -- The decline of new residential sale prices widened across China in July, a fresh survey by the National Bureau of Statistics shows.

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